iShares Global Industrials ETF (NYSEARCA:EXI) Reaches New 1-Year High – Still a Buy?

Shares of iShares Global Industrials ETF (NYSEARCA:EXI) hit a new 52-week high during trading on Tuesday . The company traded as high as $188.12 and last traded at $187.7150, with a volume of 11079 shares. The stock had previously closed at $186.38.

iShares Global Industrials ETF Price Performance

The stock has a 50-day moving average price of $177.14 and a 200-day moving average price of $172.96. The firm has a market capitalization of $1.09 billion, a PE ratio of 22.01 and a beta of 1.05.

Institutional Trading of iShares Global Industrials ETF

A number of hedge funds have recently made changes to their positions in EXI. Capital Investment Counsel Inc acquired a new stake in iShares Global Industrials ETF in the fourth quarter valued at $43,000. AE Wealth Management LLC increased its position in shares of iShares Global Industrials ETF by 147.9% in the 3rd quarter. AE Wealth Management LLC now owns 290 shares of the company’s stock worth $50,000 after purchasing an additional 173 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of iShares Global Industrials ETF by 37.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 507 shares of the company’s stock valued at $84,000 after purchasing an additional 137 shares in the last quarter. CX Institutional lifted its position in shares of iShares Global Industrials ETF by 57.2% during the third quarter. CX Institutional now owns 511 shares of the company’s stock worth $88,000 after purchasing an additional 186 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in iShares Global Industrials ETF by 5.6% in the third quarter. Blue Trust Inc. now owns 1,276 shares of the company’s stock worth $220,000 after purchasing an additional 68 shares in the last quarter.

iShares Global Industrials ETF Company Profile

iShares Global Industrials ETF (the Fund), formerly iShares S&P Global Industrials Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Industrials Sector Index (the Index). The Index is a subset of the Standard & Poor’s Global 1200 Index. The Index includes manufacturers and distributors of capital goods, providers of commercial services and supplies, and transportation service providers.